Bank Accounts
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How to reactivate inoperative bank accounts? A step-by-step guide to unfreeze your bank account
Business | January 17, 2025 16:46 ISTAs per RBI guidelines, a savings or current account is classified as inactive or dormant if there have been no transactions for more than two years.
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Attention Bank account holders: These type of accounts will be closed from January 1
December 30, 2024 16:48 ISTAs 2025 approaches, the Reserve Bank of India is making efforts to minimise the burden on the banking system while ensuring enhanced cyber and financial security. Accordingly, it has issued a direction to close some of the accounts. Check if your account is one among them.
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Bank account became dormant? Follow THESE steps to easily reactivate it
December 18, 2024 13:24 ISTWhen any bank account is not used for more than three years, the banks, because of lack of activity, classify it as dormant or inactive. These accounts can be reactivated easily.
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RBI directs banks to urgently reduce inoperative accounts, report their numbers quarterly
Business | December 03, 2024 7:46 ISTIssuing a notification, the RBI asked all banks to take necessary steps urgently to bring down the number of inoperative/frozen accounts and make the process of activation of such accounts smoother and hassle-free.
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UPI without bank account: Here is how to use UPI Circle for family members
November 09, 2024 18:40 ISTKnow how to use UPI Circle to enable UPI transactions for family members without bank accounts. Discover how UPI Circle allows multiple users, including children and the elderly, to make payments through a single account with easy setup.
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Maldives probe alleged attempt to topple govt, Muizzu accuses opposition of 'financial' coup
World | August 28, 2024 10:37 ISTMaldivian President Mohamed Muizzu has accused the opposition of attempting to stage a "financial coup" and said all those behind the plot to topple his government would be brought to justice.
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FACT CHECK: Rs 350 will be deducted from bank account for not voting? Viral claim debunked
Fact Check | April 11, 2024 8:28 ISTAhead of the Lok Sabha elections, a newspaper cutting went viral on social media claiming that those who fail to vote in the upcoming polls, an amount of Rs 350 will be deducted from their bank accounts. Know the truth here.
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Relief for Congress, 'frozen' bank accounts start working, matter to be heard on Feb 21
India | February 16, 2024 13:07 ISTAjay Maken said Income tax has also asked for Rs 210 crore recovery from Youth Congress and Congress party. Meanwhile, Congress president Mallikarjun Kharge has accused Modi government for this.
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Jharkhand: Over 8,600 bank accounts linked to cybercriminals frozen
India | January 16, 2024 10:58 ISTThe CID has been carrying out a massive operation against cybercriminals in Jharkhand.
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Delhi High Court asks ED to respond to Vivo’s plea against freezing bank accounts
India | July 13, 2022 14:05 ISTDelhi High Court granted one week to the ED to file its response to the petition and listed the matter for further hearing on July 28.
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Taliban closes bank accounts of former Afghan government officials
World | September 10, 2021 13:00 IST"Accounts of some officials from the previous govt, most of whom fled the country, have been closed," Samangani was quoted as saying.
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Govt may table amendment to DICGC Act in monsoon session
Business | May 16, 2021 13:44 ISTThe amendment to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961 is the budget announcement made by the Finance Minister and the Bill is almost ready, sources said.
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'No choice,' says Punjab govt, to implement direct bank transfer of MSP to farmers
India | April 08, 2021 23:38 ISTPunjab Finance Minister Manpreet Singh Badal on Thursday said the state government has "no choice" but to implement the Centre's mandated instruction on direct bank transfer of MSP to farmers from the current season.
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Bank accounts of over 40 crore poor opened without any discrimination: PM Modi
News | December 22, 2020 13:13 ISTThe last time a PM attended an event at AMU was Lal Bahadur Shastri in 1964. Before him, prime minister Jawaharlal Nehru had visited AMU four times.
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Crime branch freezes bank accounts of Maulana Saad, other Markaz members
India | May 09, 2020 11:08 ISTAt least 32 bank accounts including Nizamuddin Markaz chief Maulana Saad and other Markaz members have been freezed by the Delhi crime branch department as part of the ongoing investigation.
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Holding multiple bank accounts? Then this is IMPORTANT for you
Business | November 22, 2019 9:16 ISTIf you have multiple bank accounts, then this is important for you! There are some circumstances that you may face if you have opened more than one account.
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Bank Holidays Alert! Banks to remain closed on these days in October
Business | October 01, 2019 8:22 ISTBank Holidays In October 2019: Banks to remain closed on the occasion of Diwali, Dussehra, and other festivals or national event in the month of October. Notably, the central government holidays are applicable to all public and private sector banks.
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PMC Bank Crisis: How RBI's restrictions hurt lakhs of depositors
Business | September 26, 2019 23:57 ISTPMC Bank Crisis: The Reserve Bank of India's banking restrictions on Punjab and Maharashtra Cooperative Bank (PMC Bank) has left lakhs of depositors into a huge snag. What will happen to depositors money if the bank fails? How RBI's restrictions hurt lakhs of PMC Bank depositors?
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Telugu superstar Mahesh Babu’s bank accounts seized over tax dues
Regional Cinema | December 28, 2018 9:02 ISTMahesh Babu has skipped the Service tax during 2007-08 for the taxable services he has offered as the brand ambassador, appearance money and advertising during this tenure.
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Foreign Portfolio Investors now need only one form for registration, bank accounts and PAN
Business | August 26, 2018 13:11 ISTEarlier, foreign portfolio investors (FPIs) had to file a separate form to register themselves with the market regulator Sebi.
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